Russian President Vladimir Putin’s first speech since the rebellion that almost ousted him from power on Saturday, has no mention of Wagner. The Putin’s speech is his first statement since the Wagner group’s mutiny over the weekend, appearing in a Kremlin video addressing participants at an industrial forum. Addressing people…
President Vladimir Putin vowed Saturday to defend Russia against an armed rebellion by mercenary chief Yevgeny Prigozhin, Wagner who led his troops out of Ukraine and into a key city south of Moscow. The uprising, which Putin called “a stab in the back,” was the biggest threat to his leadership…
Ukraine’s Kakhovka dam near Kherson in a part of southern Ukraine has been hit by Russia, Tuesday after a reported explosion, sending water gushing downriver and prompting dire warnings of ecological damage as officials from both sides in the war ordered residents to evacuate. Ukraine accused Russian forces of blowing…
Russia’s defence ministry says it has thwarted a major Ukrainian offensive in Donetsk, claiming to have killed 250 troops and destroyed armoured vehicles. Video of what Russia’s defence ministry says is the battle appears to show military vehicles coming under heavy fire in fields. But there has been no comment from Kyiv…
Russia and Putin seem not to be backing down in their continued invasion of Ukraine in spite of the heavy sanctions by the West, as the Kremlin spokesman Dmitry Peskov revealed that the use of nuclear weapons is not ruled out, and will be used in the event of an…
Crude oil prices remained steady, on Monday, as storms closed in on the Gulf of Mexico, shutting more than half the region’s oil production. Although, prices were capped by ongoing concerns about fuel demand being sapped by coronavirus lockdowns. Brent futures slipped two cents, or 0.1 per cent to $44.33…
President Putin of Russia said his country has registered its first COVID-19 vaccines, calling it effective protection against the deadly pathogen, and disclosed that one of his own daughters had already received it. President Puttin in his claim said, the COVID-19 Vaccines has even been given to his daughter, despite…
Russia is said to have reopened its borders for its nationals needing to work, study or care for relatives abroad. The government reportedly said nationals are allowed to resume international travel for the first time since late March, Prime Minister Mikhail Mishustin said on Monday, announcing some coronavirus restrictions would…
The Honorable Minister of State for Petroleum Resources, H.E. Timipre Marlin Sylva has expressed his appreciation to the Government of Saudi Arabia over its recent voluntary reduction in its crude oil production. The Saudi Government has in recent weeks announced over a million barrels per day reduction in its crude…
The OPEC and Russia meeting scheduled for Monday 6th April 2020 to discuss supply cut and the oil market crisis, has been moved to 9th April 2020. According to CNN, the meeting which was called by Saudi Arabia, comes after President Donald Trump suggested that massive production cuts could be…
The Federal Government has announced a further reduction in the pump price of the Premium Motor Spirit (PMS) to N123.50 per litre, as the international price for crude hit a new low, due to coronavirus pandemic. According to the Petroleum Products Pricing Regulatory Agency (PPPRA), Executive Secretary, Mr. Abdulkadir Saidu,…
Oil prices have again plunged further, as it sells for as low as $26 a barrel for the first time in almost 18 years. This comes as both Saudi Arabia and Russia continue their price war, even though the Saudi Government has doubled down in earlier threat on flooding the…
The coronavirus crisis has left so many countries with no choice than adopt stringent measures to safeguard and protect their country, as Russia joins the growing list of countries which has banned foreign nationals into their country to slow down the spread. The Putin led administration on Monday announced that…
The United Arab Emirates (UAE) is reported to be backing the move by Saudi Arabia to flood the market with product, as the price war between Saudi and Russia continues. The price war which began a few days ago, has seen crude price dropping to its lowest for over 30years. …
The world over the weekend, woke up to witness one of the biggest fall in the international crude oil price in nearly 30 years, as the price crashed to $28 per barrel, as Saudi Arabia and Russia clash over supply limits. But Crude Oil prices jumped by around 8% on Tuesday…
The international crude oil price has crashed to more than 34%, lowest in four years, to sell for $27.34 a barrel, as Saudi Arabia takes on its one-time ally, Russia in price war. According to reports, the move by Saudi Arabia to flood the market with crude was in a…